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Source: Broker stretches real estate’s boundaries to create a niche – tribunedigital-chicagotribune

In a slow market, real estate professionals may need to become creative in order to make a buck. Two recent examples:

If you can’t sell your place, maybe you can rent it out (see our cover story next Sunday, Nov. 23).

But not all such rental arrangements have to be long-term. Farzan Setayesh, an associate broker with Sudler Sotheby’s International Realty in Chicago, took a look around at high-end spaces that were going unsold, and decided to help put them to work as party locations.

FOR THE RECORD – This story contains corrected material, published Nov. 23, 2008.

She&r...

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Downers Grove IL Realtor | Top 10 Home Design Trends To Watch In 2017

Downers Grove IL Realtor | Top 10 Home Design Trends To Watch In 2017
1. Two shades of kitchen cabinets

The upper cabinets may be a white or neutral but then more designers are trying out deeper colors or wood tones for the lower cabinets.

2. Mixed metals

Gold, brass and the like have been dominating the metallic landscape when it comes to design for several seasons, and though Flanigan says these are still going strong, she’s seeing them used in new ways, most notably paired with materials that are rougher and more rustic. Think copper with concrete, aluminum set with wood, lacquer with slate and brass with quartz, as se...

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Statewide home sales (including single-family homes and condominiums) in February 2017 totaled 8,461 homes sold, down 2.8 percent from 8,704 in February 2016.

The statewide median price in February was $170,000, up 6.3 percent from February 2016, when the median price was $160,000. The median is a typical market price where half the homes sold for more and half sold for less.

“Inventories plummeted in February, no doubt frustrating some potential buyers but creating opportunities for the sellers who did have properties on the market,” said Illinois REALTORS® President Doug Carpenter, ABR, AHWD, GRI, SFR of Mokena, managing broker of Coldwell Banker Honig-Bell in Orland Hills. ...

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SPRINGFIELD, Ill. — The start of a new year brought renewed interest from homebuyers who drove home sales and the statewide median price higher in January, according to Illinois REALTORS®.

Statewide home sales (including single-family homes and condominiums) in January 2017 totaled 8,502 homes sold, up 1.2 percent from 8,404 in January 2016.

The statewide median price in January was $172,000, up 5.5 percent from January 2016 when the median price was $163,000. The median is a typical market price where half the homes sold for more and half sold for less.

“The bitter winter weather everyone anticipates in January never really materialized, and as a result it looks as if plenty o...

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